Nupharm Laboratories Limited (04123795): administration and why it failed

Nupharm Laboratories Limited (04123795): administration

Status: Administration ended
Administration began: 2017-04-26
Administrators' firm: RSM
Formerly: Pharma Formulation Services Limited
Incorporated: 2000-12-12
Location: Gosforth
Industry: 21100 Manufacture of basic pharmaceutical products

Why it went into administration

Funding withdrawn / unable to refinance
Sustained trading losses
Regulatory change or action

From the administrators' statement

Relevant extracts from the Company's audited financial statements and management accounts are

summarised below.

Turnover

Administrators' statement of proposals (2017-07-02) · Companies House register

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Nupharm Laboratories Limited (04123795): administration

Why it went into administration

From the administrators' statement

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Nupharm Laboratories Limited (04123795)